"Paulson: Rescue Might Cost 'Hundreds Of Billions'"

"Paulson: Rescue Might Cost 'Hundreds of Billions'" discusses the plan to bail out banks to keep the country from falling into deeper economic crisis. In an effort to stabilize Wall Street Congress and the Bush administration are working on a plan to help banks by relieving them of their bad debt. This is being called one of the biggest bailouts in the United States history. Although this plan will cost taxpayers hundreds of billions of dollars Congress and the Bush administration are convinced that the alternative is much worse. They say letting these companies fall through could lead to an economic stand still. In another attempt to rein in the damage short selling has been pulled to a halt.

I suggest reading this article to find out more. While I don't agree that this plan is the best thing for our country the article is clear and easy to understand.